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Old 01-18-2009, 09:33 PM
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mikkom mikkom is offline
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Forex market is not centralized, there is no way to see the real volume. The volume your MT4 shows is not anywhere near the correct number.

I use ECN myself and see the level II style market depth and that still is not the true volume (and I know that).

The only way to get some visibility is to track volumes from currency futures contracts (which are centralized) but that's quite a different story..

In other words, it's not worth using volume indicators in forex.
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